The California Housing Market had a pretty solid year in 2015. Compared to 2014 prices were up nearly 7% and sales were up 8.1%. Unfortunately, the 2016 housing market looks to limp forward in comparison. Economists forecast that price increases will slow down, which is good seeing that home costs in the state have made ownership unattainable for most. But the damage may already be done by the high cost of homes. … [Read more...]

The California housing market has been strong this year. And experts seem to agree that the state’s positive 2015 Housing Market will not only carry over into the new year, but will be even stronger. Realtors expect home sales to increase by nearly 26,000 closings. If this holds out to be true that translates to 433,000 total sales next year, which would make 2016 the greatest year for home sales since 2012. However, despite these numbers … [Read more...]